Mortgage Net Daily spells out several foreclosure scamsÂ and good advice to help sellers avoid such scams.
- Upfront fees: Some unscrupulous scammers charge hefty upfront fees for their services, claiming to help the homeowner, and then fail to deliver.Â On the other hand, I know of one company of integrity thatÂ does charge an upfront, but they are able to do what they say.Â The fee is reimbursed to the seller when the investor purchases the home.
- Equity stripping: a sale to an investor and a lease back to the seller, often with onerous terms.
- Refi-Refi-Refi: your lender constantly churning your loan to incur fees and costs.
We affirm that we treat all sellers with fairness, integrity, and with respect.
We do not charge any fees to you. Â In most cases, we’ll even offer to pay all of your closing costs.
We do not do any sale and lease back arrangements.
Instead, we try to buy your house, solve your problem and help you move on.
If you want to sell your house quickly, no matter where it is in Richmond Virginia area, we will try to help you.
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